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Atlantic City Revenues Down 13 percent in January 2013

Tuesday February 12,2013 : NOT A GOOD JANUARY FOR ATLANTIC CITY
 
13.2 percent slide in revenues at Atlantic City casinos in January
 
Atlantic City's casinos began the new year the way they've spent most of the past six years: taking in less money from gamblers, the Associated Press news agency reports, quoting official figures from the state gambling authority.
 
Compared with the same period in 2012, revenue at the city's 12 casinos fell by 13.2 percent this January, making for an inauspicious start to what could be a seventh straight year of falling casino revenues.
 
Atlantic City's status as the nation's second biggest gambling mecca has already been lost to neighbouring Pennsylvania; Atlantic City's casino revenue has fallen from a high of $5.2 billion in 2006 to just over $3 billion last year.
 
The 2013 numbers show that in January, Atlantic City's casinos won $205.6 million from gamblers. Table games revenue fell by $5.1 million, to $67.1 million. Slot machine revenue fell by $26.2 million, to $138.5 million.
 
The slots numbers were affected by an $8.1 million decrease in promotional gambling credits that were wagered, which are a component of slot machine revenue totals, AP notes.
 
Pokerstars parent Rational Group which is in the midst of an acquisition bid for Atlantic City's land-based Atlantic Club casino, will be pleased to hear that it was the only casino to show a revenue increase - up nearly 15 percent to $9 million.
 
Biggest loser in January was the Trump Plaza Hotel and Casino, which posted an alarming 40.8 percent plunge, to just $4.8 million.
 
Atlantic City is battling growing competition from adjoining states like Pennsylvania, Delaware, New York and Maryland.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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